Question 92 Chapter 2 of +2-A 92. Three Chartered Accountants A, B and C form a partnership, profits being shared in the ratio of 3 : 2: 1 subject to the following: C’s share of profit guaranteed to be not Read More …
Question 91 Chapter 2 of +2-A 91. The partners of a firm, Alia, Bhanu and Chand distributed the profits for the year ended 31st March 2017, 80,000 in the ratio of 3 : 3: 2 without providing for the following Read More …
Question 90 Chapter 2 of +2-A 90. Ajay, Binay and Chetan were partners sharing profits in the ratio of 3 : 3: 2. The Partnership The deed provided for the following: Salary of 2,000 per quarter to Ajay and Binay. Read More …
Question 89 Chapter 2 of +2-A 89. Ankur and Bobby were into the business of providing software solutions in India. They were sharing profits and losses in the ratio 3 : 2. They admitted Rohit for a 1/5 share in Read More …
Question 88 Chapter 2 of +2-A 88. Ankur, Bhavns and Disha are partners in a firm. On 1st April, 2017, the balance in their Capital Accounts stood at 14,00,000, 6,00,000 and 4,00,000 respectively. They shared profits in the proportion of Read More …
Question 87 Chapter 2 of +2-A 87. P, Q and R entered into partnership on 1st April, 2015 to share profits and losses in the ratio of 12 : 8 : 5. It was provided that in no case R’s Read More …
Question 86 Chapter 2 of +2-A 86. Asgar, Chaman and Dholu are partners in a firm. Their Capital Accounts stood at 6,00,000; 5,00,000 and 4,00,000 respectively on 1st April, 2017. They shared Profits and Losses in the proportion of 4: Read More …
Question 85 Chapter 2 of +2-A 85. A and B are in partnership sharing profits and losses in the ratio of 3: 2. They admit C, their Manager, as a partner with effect from 1st April 2018, for 1/4th share Read More …
Question 84 Chapter 2 of +2-A 84. A, B and C are partners in a firm sharing profits in the ratio of 3 : 2 : 1. They earned a profit of 30,000 during the year ended 31st March, 2019. Read More …
Question 83 Chapter 2 of +2-A 83. Pranshu and Himanshu are partners sharing profits and losses in the ratio of 3: 2 respectively. They admit Anshu as a partner with 1/6 share in the profits of the firm. Pranshu personally Read More …